Entrepreneurial Opportunities in CentralEast European Countries for Foreign Investors and Businessmen

Abstract

The overview of policy measures applied in recent years in CentralEast European countries - given in Chapters 1 and 2 — clearly shows that preconditions for the development of entrepreneurship — similar to those which can be met in market economies — have already been established. The fact that during the past three years millions of private local enterprises and thousands of joint ventures with foreign capital participation were founded clearly proves that not only domestic but also foreign entrepreneurs are already taking up the opportunities opening up in these countries. Our analysis proved that these private enterprises (those fully domestically financed as well as those with foreign capital participation) were the first to develop a market-conform behaviour. They began to introduce new behavioural patterns which insured not only their own success but which also influenced competitive conditions developing since 1990 on individual segments of the domestic market of these countries.

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References

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